UK Property News Recap – 29.11.2024
This week showed the ripple effect that ‘higher rates for longer’ is having on the market as a whole. Habits, investments and moves are all being revisited along with house price forecasts. First time buyers are keeping the home fires burning but only through necessity, leaving the rest of the
UK Property News Recap – 22.11.2024
This week was a tough week for all. Inflation increased along with rates which had a knock on effect on asking prices and first timers' hopes of escaping the rental market, where prices also rose. In the Labour camp, Rachel Reeves’s past creative skills got her in trouble, causing some
UK Property News Recap – 15.11.2024
This week prices were reported to have been on the rise, but with mortgage rates also increasing, any further growth looks set to be curtailed in the short term and restrained in the long term. For the many who hoped for a break from inflationary rates come the end of
UK Property News Recap – 08.11.2024
This week seesawed between emotional and financial highs and lows. Hopes were high for lower interest rates but despite a base rate trim, swap rates rose. Harris was top trumped by the Con-Mander-In-Chief causing ripples in the UK of further inflationary pressure from tariffs imposed. As a result, New Year
UK Property Recap – 01.11.2024
After weeks of planned leaks and endless speculation, the UK was finally spared further conjecture with the delivery of Chancellor Rachel Reeves’s historic budget. For buyers and sellers poised to make a move but conflicted about which direction to take, the budget reassured investors fearful of capital gains increases for